Saturday, June 7, 2008

Main Stock Market Indexes Out Of Sync With One Another

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks staged a broad-based rally yesterday, enabling several of the major indices to move above key resistance levels. After trending higher throughout the morning, the main stock market indexes initially began to follow their recent trend of selling off in the afternoon, but this time the bulls took control into the close. Stocks moved back to their mid-day highs and continued north in the final ninety minutes of trading. The S&P 500 zoomed 2.0% higher, t[...]

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[Source: The Money Blogs]

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